Melbourne Business Practicum - July 2018

BUSA90473 Melbourne Business Practicum is an in-company intensive subject where students experience the unique business practices and culture of a company first-hand.

The Melbourne Business Practicum is worth 12.5 credit points and is offered in February and July of each year.

Please read on to find out what you could get out of participating in the Melbourne Business Practicum.

Why take BUSA90473 Melbourne Business Practicum

Studies show that having a well-developed range of transferrable skills is crucial for the success of individuals, businesses and societies. Often referred to as employability or ‘soft’ skills, these are the non-technical skills such as communication, teamwork, problem solving, critical thinking and self-management which are developed through exposure to experiences outside the classroom - like work integrated learning subjects, internships and on-the-job learning.

When these employability skills are combined with technical skills/qualifications and personal attributes, an individual becomes employable across a range of industries, increasing job prospects, becoming a more competitive job-seeker and being a more attractive potential hire.

So what does this have to do with the Melbourne Business Practicum?

As well as being an impressive addition to any CV, the primary aim of the Melbourne Business Practicum is to provide graduate students with opportunities to develop and enhance employability skills from application right through to the final assessment and beyond.

It is expected that 2/3 jobs will be soft skill intensive by 2030, so finding opportunities to develop these skills as early as possible is becoming increasingly important.

In the Melbourne Business Practicums this is done by:

Working closely in a team;

Building resilience by being exposed to challenging and intensive working environments;

Communicating with a range of stakeholders;

Increasing networks;

Using critical thinking and problem-solving skills to solve a real business problem;

Applying classroom theory to real world practice.

Don’t just take our word for it! Read about previous Business Practicum student experiences here.

To take part in the Melbourne Business Practicum, there are compulsory dates you need to be aware of:

July 2018 Intake:

Applications Open

Monday 26 February

Applications Close

Sunday 8 April

Group Interviews

Tuesday 17 ‐ Thursday 19 April

$200 deposit due date (Sydney students only)

Tuesday 8 May

Balance due date (Sydney students only)

Tuesday 22 May

Induction week

Monday 25 June - Friday 29 June

In company dates

Monday 2 July ‐ Friday 13 July

Mid Program Team Catch-up (Melbourne students only)

Thursday 5 July, 6 - 7.30pm

Final presentation to host company

Sydney: by Friday 13 JulyMelbourne: between 13 -18 July

Employability Reflective Workshop

Wednesday 25 July5.30pm - 7.30pm

Who should submit an application?

The below criteria should help you determine whether you would be a strong candidate for the Melbourne Business Practicum:

Your Weighted Average Mark (WAM) is 65% or higher. Due to limited spaces, entry into the Melbourne Business Practicum is competitive. The minimum average grade requirement for MBP is 65% and the Selection Committee considers the following when allocating places:

Academic Performance

Quality of CV

Interview performance

An overall match of skills, experience and interests to the available projects

You have completed a minimum of:

200-point degree students: completion of a minimum of 50 points at time of application; or

150 point degree students: completion of a minimum of 50 points at time of practicum commencement if you have a business background (e.g. studied business subjects in an undergraduate degree or relevant work experience).

Note: All students enrolled in a 200-point degree must first have completed 50 points before applying, regardless of educational background.

You are only applying for one Business Practicum subject (Global or Melbourne) for the intake. Please only submit an application for one of the Business Practicum subjects per intake. Students who apply for both the Melbourne Business Practicum and Global Business Practicum during the same intake (e.g. July) will not be considered for either subject.

You have checked that there is capacity within your study plan for an elective subject worth 12.5 points

Please note: Students undertaking Master of Commerce (Finance) and the Master of Management (Accounting) 150pt program are generally ineligible to apply, due to limited elective options available in the course.

How much will it cost?

Students allocated to Melbourne:

Standard University subject fee, plus any local transport costs and meals.

Students allocated to Sydney:

Standard University subject fee, plus an additional fee of $1427. Additional fee includes a 4 person share apartment, 2 x twin rooms, 2 x bathrooms and a fully equipped kitchen. This fee does not include your airfare, local transport, meals or spending money.

Funding available for Sydney

All students are eligible for a $750 scholarship to assist with costs.

Melbourne Business Practicum Prize

The following prizes will be awarded to the most impressive July 2018 Melbourne Business Practicum applicants:

2 x $500 prizes for the best local MBS student2 x $500 prizes for the best international MBS student

Selection is based on academic average and interview performance.

There is no separate application to be considered for a prize and selected students will be notified of their award at the same time as the offer for a place in the subject.

Information Sessions

As we offer two equally exciting Business Practicum subjects, it can be difficult to determine which one is right for you.To help you decide, come to our Choosing a Business Practicum Information Session which will compare each of the programs, helping you to make the best choice.

Please note: Information sessions are not compulsory but we may ask to scan your student ID upon arrival so that we can collect data on numbers attending.

Apply Now

Applications for BUSA90473 Melbourne Business Practicum July 2018 have now closed.